Business Description

This established money lending firm specializes in offering efficient financing options tailored to help clients in North Texas navigate the real estate market, boasting a loan attrition rate of less than 1%. With a track record of providing over $175 million in loans annually, averaging around 145 loans per year with an average loan amount of $180,000, the company has demonstrated consistent success in the industry. Their short-term loans range from $50,000 to $5,000,000, with competitive rates and terms up to 6 months. The firm's financial products cater to high-growth residential markets in North Texas, providing flexibility and exceptional service to support client success. Offering loans at a rate of 12.5% and a maximum LTV of 70%, they have delivered solid returns to investors with a historic annual yield of 18.1% at 6 months and 34.6% at 12 months. Prospective buyers interested in acquiring the business are required to complete preliminary documentation